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DOMINGO LAO and ERNESTO T. LAO, petitioners, vs. ESTRELLA VILLONES-LAO, SPS. MANUEL and ANGELITA MALAN, SPS. CARLOS and SOCORRO VILLENA, respondents.

DOMINGO LAO and ERNESTO T. LAO, petitioners, vs. ESTRELLA VILLONES-LAO, SPS. MANUEL and ANGELITA MALAN, SPS. CARLOS and SOCORRO VILLENA, respondents.

G.R. No. 126777 | 1999-04-29

D E C I S I O N

PARDO, J.:

The case is a petition for review on certiorari of the decision of the Court of Appeals,[1] and its Resolution[2] reversing the decision of the trial court, and finding herein respondents Spouses Villena's as mortgagees in good faith making their title to the property[3], subject of this petition valid.

The facts of the case are as follows:

The spouses Domingo and Estrella Lao, during their marriage, acquired a real estate property located at 6 Arayat St., Cubao, Quezon City, covered by TCT No.T-268732 of the Register of Deeds of Quezon City. It has a total land area of 808 sq.m., and an estimated value of...